U.S. Presidential Elections in the Nineteenth Century: Why Culture and the Economy Both Mattered

Abstract

Most political scientists have studied the impact of economic conditions on U.S. presidential elections after World War II and argued that the economy matters in these elections because government has some control over the economy. Since government authority over the economy grew substantially between 1932 and 1946, political scientists have focused their attention on the elections in the post World War II era. This growth in government authority then gives voters a link between government action and macroeconomic performance. However, a growing number of political scientists have shown that economic conditions also influenced elections in the late nineteenth and early twentieth centuries-well before the growth in government authority between 1932 and 1946. In this paper I discuss why economic conditions also affected presidential elections in the late nineteenth and early twentieth centuries. I argue that government economic policy in the late nineteenth and early twentieth centuries did affect importa...